Staff pension commitments maintained by Covid-hit firms

Most employers continue to see a strong case for providing competitive workplace pensions

Holly Roach
clock • 3 min read
Research found 9 in 10 firms with DC schemes did not reduce their pension contributions during the pandemic
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Research found 9 in 10 firms with DC schemes did not reduce their pension contributions during the pandemic

The majority of companies hit by Covid-19 maintained their commitment to paying competitive staff pensions despite cash flow difficulties, according to research by Mercer and CBI.

The firms' joint pensions survey - launched today (11 October) - revealed nine in ten firms with defined contribution (DC) schemes did not reduce their pension contributions during the pandemic des...

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